The stores basically have to operate under the DIP until Eddie takes control. Old Sears will wrap up and new Sears will take over. Old debt is mostly toast aside from what liabilities Eddie assumed. I’ve heard he lined up close to a billion in credit so some will go to staffing/operations, some will go to replenishing inventory. I’m sure without the budget constraining them they’ll be advertising to come see the new reinvented Sears at some point.
Since he bought the inventory for half it’s value expect some discounts to try and lure people back in.
This is a repost. OP is @XaiTBlc-kbn